Are there any reliable volume indicators on TradingView that can help me make better trading decisions in the digital currency market?
Alexa A.Nov 19, 2024 · 8 months ago9 answers
I'm looking for reliable volume indicators on TradingView that can assist me in making better trading decisions in the digital currency market. Can anyone recommend any indicators that have proven to be effective in analyzing trading volume and providing insights for digital currency trading?
9 answers
- McLain MattinglyOct 02, 2020 · 5 years agoCertainly! TradingView offers a wide range of volume indicators that can help you make informed trading decisions in the digital currency market. Some popular volume indicators include Volume Profile, Volume Weighted Average Price (VWAP), and On-Balance Volume (OBV). These indicators can provide valuable insights into the strength of buying and selling pressure, accumulation and distribution patterns, and overall market sentiment. It's important to note that no indicator can guarantee profitable trades, but using volume indicators in conjunction with other technical analysis tools can enhance your trading strategy.
- anjas setyaNov 01, 2024 · 9 months agoAbsolutely! TradingView is a powerful platform that provides various volume indicators to assist traders in the digital currency market. Some reliable volume indicators you can consider are Money Flow Index (MFI), Chaikin Money Flow (CMF), and Accumulation/Distribution (A/D) line. These indicators can help you gauge the strength of buying and selling pressure, identify potential trend reversals, and confirm the validity of price movements. Remember to combine volume indicators with other technical analysis tools to get a comprehensive view of the market.
- Ammar Hasan RatulJan 24, 2021 · 4 years agoDefinitely! TradingView is a popular choice among traders in the digital currency market, and it offers a wide range of reliable volume indicators. One such indicator is the Volume Profile, which displays the volume traded at each price level over a specified period. This can help you identify key support and resistance levels based on trading volume. Additionally, TradingView's OBV indicator is widely used to analyze the relationship between volume and price movements. It can provide valuable insights into the strength of buying and selling pressure, and help you make more informed trading decisions. Give these indicators a try and see how they can improve your trading strategy!
- Reason for GiftApr 19, 2025 · 3 months agoSure thing! When it comes to reliable volume indicators on TradingView for the digital currency market, you have several options. One popular choice is the Volume Profile indicator, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the VWAP (Volume Weighted Average Price), which calculates the average price based on both volume and price data. This indicator can provide insights into the average price levels that traders are willing to transact at. Lastly, the OBV (On-Balance Volume) indicator is worth considering, as it measures buying and selling pressure based on volume flow. Remember to experiment with different indicators and find the ones that work best for your trading style.
- Ricardo Caeiro de AbreuMay 07, 2024 · a year agoYes, there are reliable volume indicators on TradingView that can assist you in making better trading decisions in the digital currency market. One such indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. Remember to combine these indicators with other technical analysis tools for a more comprehensive analysis.
- Abhinav AroraMar 13, 2024 · a year agoCertainly! TradingView is a popular platform for traders in the digital currency market, and it offers a variety of reliable volume indicators. One such indicator is the Money Flow Index (MFI), which measures the strength and direction of money flowing in and out of a digital currency. Another useful indicator is the Chaikin Money Flow (CMF), which combines price and volume to assess buying and selling pressure. Additionally, the Accumulation/Distribution (A/D) line can help you identify the accumulation or distribution of a digital currency. These indicators can provide valuable insights for making better trading decisions.
- Brogaard VasquezAug 23, 2023 · 2 years agoYes, TradingView provides reliable volume indicators that can help you make better trading decisions in the digital currency market. One popular indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can be valuable tools in your trading arsenal.
- NaejMar 14, 2023 · 2 years agoYes, there are reliable volume indicators on TradingView that can assist you in making better trading decisions in the digital currency market. One such indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can be valuable tools in your trading strategy.
- Leonardo RezendeJul 02, 2020 · 5 years agoYes, TradingView offers reliable volume indicators that can help you make better trading decisions in the digital currency market. One popular indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can enhance your trading analysis and decision-making process.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2010585How to Trade Options in Bitcoin ETFs as a Beginner?
1 3325Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0305Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0302Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1287How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0280
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More